First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) had its target price raised by investment analysts at JPMorgan Chase & Co. from $2,350.00 to $2,450.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the bank’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 12.72% from the stock’s previous close.
Several other research analysts have also issued reports on FCNCA. Wall Street Zen upgraded shares of First Citizens BancShares from a “sell” rating to a “hold” rating in a research report on Saturday, June 27th. Deutsche Bank Aktiengesellschaft lowered First Citizens BancShares from a “buy” rating to a “hold” rating and set a $2,154.00 price target for the company. in a research note on Wednesday, April 8th. Piper Sandler set a $2,050.00 price objective on First Citizens BancShares in a research report on Friday, April 24th. Fundamental Research set a $2,350.00 price objective on First Citizens BancShares in a report on Wednesday, July 1st. Finally, Zacks Research upgraded First Citizens BancShares from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, First Citizens BancShares has an average rating of “Hold” and a consensus price target of $2,258.85.
Get Our Latest Stock Report on FCNCA
First Citizens BancShares Price Performance
First Citizens BancShares (NASDAQ:FCNCA – Get Free Report) last posted its earnings results on Thursday, July 23rd. The bank reported $57.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $56.68. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.16 billion. First Citizens BancShares had a net margin of 15.62% and a return on equity of 11.48%. Equities research analysts expect that First Citizens BancShares will post 177.18 earnings per share for the current year.
Insider Transactions at First Citizens BancShares
In other First Citizens BancShares news, CEO Frank B. Holding, Jr. bought 5,940 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of $1,726.82 per share, for a total transaction of $10,257,310.80. Following the acquisition, the chief executive officer owned 38,111 shares in the company, valued at approximately $65,810,837.02. This represents a 18.46% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders acquired a total of 7,190 shares of company stock valued at $12,573,868 in the last ninety days. 14.63% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Hilton Head Capital Partners LLC purchased a new stake in First Citizens BancShares in the fourth quarter worth about $26,000. Reflection Asset Management bought a new stake in shares of First Citizens BancShares in the 4th quarter worth approximately $45,000. Global Assets Advisory LLC bought a new stake in shares of First Citizens BancShares in the 1st quarter worth approximately $45,000. UMB Bank n.a. grew its stake in shares of First Citizens BancShares by 50.0% in the 4th quarter. UMB Bank n.a. now owns 24 shares of the bank’s stock worth $52,000 after buying an additional 8 shares during the last quarter. Finally, Jessup Wealth Management Inc purchased a new stake in shares of First Citizens BancShares in the 4th quarter worth approximately $56,000. 78.01% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about First Citizens BancShares
Here are the key news stories impacting First Citizens BancShares this week:
- Positive Sentiment: First Citizens BancShares reported second-quarter EPS of $57.09, far above the consensus estimate, and revenue of $2.24 billion also topped forecasts, signaling stronger-than-expected profitability and operating performance. First Citizens BancShares Reports Second Quarter 2026 Earnings
- Positive Sentiment: The board declared a quarterly dividend of $2.10 per share, reinforcing capital return to shareholders and highlighting confidence in the company’s financial position. First Citizens BancShares Declares Dividends
- Neutral Sentiment: Several follow-up articles and earnings-call coverage focused on the company’s quarterly results and management commentary, which may keep attention on loan growth, margins, and credit quality but did not appear to introduce any new material negative surprise. First Citizens BancShares Inc (FCNCA) Q2 2026 Earnings Call Highlights: Strong Performance Amid …
- Neutral Sentiment: Investors are also weighing the ex-dividend date and September payment schedule, which are standard corporate actions and are unlikely to affect fundamentals by themselves. First Citizens BancShares Declares Dividends
First Citizens BancShares Company Profile
First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full‑service commercial bank headquartered in Raleigh, North Carolina. The company traces its roots to a community bank founded in 1898 and has grown into a diversified financial services organization that operates through its banking subsidiary to serve retail, commercial and institutional clients.
First Citizens offers a broad suite of banking products and services, including consumer and business deposit accounts, commercial and industrial lending, real estate and mortgage lending, treasury and cash management, and specialized lending solutions.
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